Does anyone have experience with how C2 handles stock buy outs?
I am asking because one strategy was holding DYN, which right now shows a price of $1.82 on C2 (see screen shot). The cost basis per share of the trade was $13.73. Basically a huge loss. I believe the collective2 system is not taking into account that DYN stopped trading because shareholders are being given VST. Holders of DYN are being given 0.652 shares of VST which is currently at $21.18. Effectively, that is a current price for my DYN shares of $13.81 not $1.82. Not a great gain but not the big loss it is currently showing up as. If I had not been paying attention I believe C2 would have just kept rolling with this big loss. I don’t know. I think support is working on fixing it for this case. If you run a strategy were stocks do experience buy outs do you just have to watch and contact C2 every time something like that happens? Am I wrong and after sufficient time VST would have shown up in the strategy on its own?
https://finance.yahoo.com/news/vistra-energy-completes-merger-dynegy-131000039.html